Newspaper Page Text
NEWS AND GOSSIP
Of the Fleecy Staple.
Private Wire M Gllirrr 4- Cloy.
flUout H«1 on on'active montK° Was "due
higher * w * 8 * 10U ^ open
Caused a Sharp Advance for
Cotton in All Specula
tive aMrkets.
opened
S04~ibvrerZ
about 8610
Room crowd nil short on the theory that
f* r * <® ttoe market on
‘ * nl1 tSa .rent
wouM ?c£Ti^ M w “ ttor * ,bluk mflrket
Commerce tnra: “The
alatrtct uutwarillj was quiet yeiterdny, but
aB .i * I . nt ^ ( L 11 aevernl cotton good,
w ! A * *L l *S volume of trade la be-
lug put through for “
laneoui export trnde
weeka hualneH ahowlu* .... uuiirureu u.~
ADVANCE held WELL . ra 4f«mrof^"e s !L^i*r , , , . a :“ ,he ned •*
An ' ^ New Orleuus. Oct. W.'-Urerpool at 2 p.
m. nbout unchanged la an excellent mar-
due point* tourer. We should
open C#8 up.
Liverpool cablet: “The market feels the
Influence of frost rumors/*
Market is extremely nervous. Frost re
ports continue to come In. and considera
ble uneasiness exists that the cold wave
may reach further South. Shorts havir cov
ered extensively, and good buying attrib
uted to outside Interests has been uoted.
Market does not net right. Looks like
the anticipatory buying might have been
overdone.
Drown bid 10.69 for fi.OOO December, and
Gussonl sold him 5.000 December at 10.68
later od.
Liverpool cables: “Since the opening, the
market has advanced In consequence of
frost reports from Memphis and Okla
homa/*
Toda;
cold. 1
Chattanooj
at Fort I
materially higher market.
The westt».*n forecast Indicates
fair and warmer weather througl —
cept Louisiana, where lower temperature*
are expected, and Arkansas, where frost la
forecasted.
The eastern forecast Indicates fair
weather throughout for frnight. Frost la
expected In all states except Florida. To-
Edited by
Joseph B. Lively
MARKETS
Mr. Lively's twenty-live
years* experience of ed
iting markets In Atlanta
and the South has made
ldm a recognised au
thority In his specialty.
RANGE OF NEW YORK STOCKS AND COTTON MARKETS
NAME OF STOCK.
Amalgamated Copper..
Atlantic Coast Lin
nr R«
Buying of Good Character.
Frost Predicted for East
ern Belt Tonight.
New York, Oct 10.—The weather
m jp this morning showed frost at
Memphis and in parte of the western
i*lt and this news caused the local
-(ton market to open Arm. Bull trad
ers unloaded, and In consequence the
list immediately declined,
gpOT con ON MARKET.
iivernool steady; middling uplands 6.1M;
X sIT American 4,300; * receipts (MOO;
Amerlcau S,800; .peculation ami export 600.
Atlanta, steady nt 1®%®*
New York. n u »^ at ~.10c.
Stw Orleans, firm nt:10%e.
Augusta. ■ t0Hd 5 i&
Savannah, steady at 10 6-16c.
Boston.
Norfolk, steady nt lOftf.
Mobile, firm at WfcC.
Charleston, firm at 10Hc*
Ight frost Is reported at Oklahoma,
and Nashville, and heavy frost
“* and Memphis. Look foe
morrow clear and warmer.
Washington wires frost tonight for Noi
Carolina. South Carolina, Georgia, Alabn:
and Mississippi;
Killing frosts at Malvern, Ark.; temper
ature 32: Russellville. Ark.. 81: Texar
kana, Ark.. 35; heavy frost Dyersburg.
TODAY’S PORT RECEIPTS.
The following table shows receipts at th,
Mr", today, cumpsred with the stuns day
hit year:
and Ileruundo. all In Tennessee.
Market has an excellent undertone, with
very little pressure to sell and rood sup
port noticeable on part of big bulls.
Star Orleans.
Galveston. . «
Mobile. . . .
Savannah. . .
Charleston. .
Wilmington. .
Norfolk. . . -
Philadelphia.
Total.
9278
1451
2966
7012
18876
1861
12398
INTERIOR MOVEMENT.
Ths following tnbre shows receipts at tho
Interior towns today, compared with the
same day Inst year:
1909
1906
13112
23079
.3349
3736
1443
*/.*s
Cinrln’.mtl. ......
73
1084
Total
16791
31817
Estimated Meoeipta Tomorrow.
New Orleans expects 4,000 to 6,000 bales,
ignlnst 4.037 actual last year. _
(in I vest on expects 16.000 to 17,000 bales.
against 13,600 fast year.
WEATHER IN COTTON BELT.
Texas-Sherman, light frost; Tyler, Tem
ple. Dallas. Belton, Houston, Fort Worth,
Sulphur Springs, Colorado, 6ton Antonio,
Stamford, Abilene, clear and cold; Cisco,
Hire and Dublin, clear and pleasant.
Mississippi—Meridian, Hattiesburg, Vicks
burg, clear and cold; Jackson, clear and
reld. light frost reported; Yaxoo City, clear
nnd cold, light frost: Arnory, dear and
cold, frost: Tupelo, clear nnd very cold.
Private Wire to Ware A Lelnud.
New York, Oct. 1 10.—Liverpool opened
easy, 7 down. At 12:19 p. m.. unchanged to 1
down, nnd steady. Sales 5.000 spots. 7 up.
nt 6.19(1. Futures due to come 2V*»4dowu.
New Orleans, Oct. 10.—The ffTfirket Is
nervous. It does not respond any too well
to the attempts of the bulls to lioost
prices. At least. 5,000 bales of spots and
f. o. b. cotton have been sold so far.
Gussonl Is 1m exporter nnd the 3,000
bales lie sold Brown were probably hedges.
If they were, It means that he lias bought
In 5.000 bales of spots.
Manchester .enbfea: “In cloths, offers are
too low. Y’nrnu arc very strong.’’
ROOM OPERATORS
BID MARKET UP
New York. Oct. 10.—The Sun says: “The
of the actual co/ton through the
Mississippi Valley, and although frost wan
predicted for northern Texas, Arkansas.
Oklnhonm nnd Indian Territory, the Wash
ington weather bureau was quoted as stat
ing that only light frost wss Indicated. If
nothing more tlinn that happens, a decline
will not I>e surprising. Several small shorts
In Alexandria. Egypt, went to the wall,
which partly accounted for the strength
of tho Liverpool market^ but certain oper
ators here Incline, nevertheless, to the
short side on the ground that the crop
damage has lieeu overestimated and the
recent advance overdone. Wall street nnd
Liverpool bought to some extent, but for
the most port the advance was credited to
* ' i muii, rirnr uim nun, irusi,
Springs, clear nnd cold, light froat.
Alabama—Huntsville, clear and cold with
frost.
Tennessee— Pulaski, heavy frost this morn
ing. some thin Ice.
Georgia—Snvnnnnh, Macon nnd Americas,
dear and cold.
WEATHER IN~WHEAT BELT.
Extreme Northwest—Generally clear, !
to 40 nbove.
Northwest—Generally clear and colder, 12
to 30 nttove.
West nnd Southwest—Clear with lower
temperatures, 18 to 3S above.
ohl.» Valley—Generally cloudy, 84 to 40
above.
weatheiTTorecast.
morning will
decide
New Orleans, Oct. 10.—The Times Dem
ocrat soys: “Yesterday's cotton market
failed to attract the outside speculation
hoped for. and room traders who irought
on cnrly reports of frost possibilities, fail
ures on the strength of the spot market
were glad enough to get out from under
1u the lato session, even nt a sacrifice,
though the weather map was siiffhleutlv
threatening to hold part of the day’s ad
vance. At the moment, the situation Is
complicated to some extent by the atrenu-
. ons dcuiund for freight room, especially out
of Galveston, nnd In order to facilitate
through shipments one Interior Texas rail
road has Just routed 25.000 bales by way
of New Orlenns. Meanwhile, ocean freight
rates are cUinblug. In so far ns current
speculation Is concerned, the terms bull nnd
Inmr have lost their wonted elmracterLgnd
professionals now prefer to get In and get
out again with swift precision. In the
event today's map falls to show genuine
frost over portions*of Texas and the ter
rltorles, freah selling pressure will probably
l>e encountered because the market Is very
largely a weather affair. —Marc
laitd.
Anaconda. .". ......
American Locomotive.. .
. do, preferred
Amer. Smelting Ref. . .
.do, preferred
Atchison. ........ •
. do. preferred. ....
American Cotton OIL . .
Amer/ Car Foundry. .. ,
Baltimore tc Ohio/. ...
r Brooklyn Rapid Tran.. ¥
Canadian Pacific
Chic. & Northwestern.. .
Chesapeake & Ohio. . . .
Colorado Fuel A Iron.; .
Central Leather
do, preferred. ....
Chic. A Great West’o. .
Cb c., Mil. A St. P. . . .
D*b»ware A Hudson..
Distiller's Securities... .
Erie
, do, preferred
General Electric. . . . .
Illinois Central. .... . ,
Amer. ice Securities... .
Louisville A Nashville.. . ,
Mexican Central
Missouri Pacific
NAMB OF STOCK.
U N. £ Ont. A Western. .
11 National Lead
N'M-tiwrn Pacific. . . ; .
Now York Central. . .
Norfolk A Western. . .
Pennsylvania
People's Gas
Pressed Steel Car. . . .
do. preferred
Pacific Mall
Reading.
Republic Steel. . * . • «
Rock Islaud. ..... «
do. preferred. . . . t
United States Rubber- .
do. preferred, . « . ,
Southern Pacific
Southern Railway. . . .
go. preferred. . . . .
Mohs Sheffield
Tenn. Coal A Iron. . . »
Texas A Pacific
Onion Pacific. ......
United States Steel. . .
do. preferred. . . . .
Va.-Car. Chemical. . . .
do. preferred
Western Union
Wabash. ....... , ,
do. preferred. . . . .
Wisconsin Central. . . .
do. preferred
NEW YORK.
The following Is the range in cotton fu
tures In New York today:
LIVERPOOL.
Tti# following figures give (be opening
rarge and close, oomparcu with yesterday's
doss.
Futures opened easy.
Opening. _ Prevtons
’ . Range. Close. Clow.
Dr tnKnr 5 75 K «r r ci
Iff -5.71
Nor.-Dec/*. *. )
Dec.-Jan
Jan.-Fell.. . .
Fell.-March..
March-April... .
. J.8T *6!i5
....1.64 -5.71
6.15 5.81 Vi
...... rii* April...
Aprll-Msy. . .
Mny-June. .
5.76 5.72
5.76 6.7JH
m
NOTES ON GRAIN
Polntera on Provisions.
Private Wire to Ware A Leland.
Chicago, Oct. 10.—Investment dei
Louisiana—Fair and, colder Wednesday;
Thursday warmer In north portion; fresh
north winds.
MlMlssippi-Fnlr Wednesday; colder In
aouth#-nat portion; Thursday fair and
wanner In north portion; light to fresh
north winds.
Alabama—Fair and colder Wednesday;
Thursday fair; fresh uorth winds.
Lust IVxns-l’nlr Wednesday nnd cooler
in south portion; Thursday fair and warm-
er: fresh northeast winds.
nest Texas—Fair nud warmer Wednes
day and Thursday.
w**sr Florida—Fair nnd colder Wednes-
'i.*n: I hursdny fair; fresh north winds.
lentiessee nnd Kentucky—Fair Wednes
day nnd Thiirinlay.
G'-otgla—Fair and colder Wednesday and
lhursdny: fresh northwest winds.
Arkansas and Oklahoma—Fair Wednesday
ni "‘ 1 hursdny; warmer Thursday.
NEW YORK COFFEE MARKET.
Pollowte* I. tin? opening nun »t
Now York coB»r market
Op-nl ns
. itnnsv.
“.UTiuary ..6.40-6.45
Z": "
A L.i : •• 22.
ember.,, .. .
••mlier. . . .
f'*iMi| steady.
.. ..6.85A.80
. ..!»
„..«.25A.4d
.. ..6.25-6.55
....6.40
Close.
6.40-6.50
6.506.55
6.65- 6.611
6.60-6.65
6.66- 0.70
6.70*6.75^
6.80-6.85
6.90-6.95
6.35-6.45
Q1BERT A CLAY’8 DAILY
COTTON LETTER
New Orleans, Oet 10.-The Improvement
abroad was attributed to the advent of
frost In a Tennessee and the territories.
However, there was nlso an exceptionally
large business being done In Manchester,
according to another source of informa
tion, nnd a most favorable opinion of the
market existed in consequence. Option*
gained 3ff4 points over yesterday's ‘close,
nnd spot sales were 5,000 boles at 7 point*
higher. The late unfavorable condition of
the weather ns affecting the crop has con
siderably reduced the short Interest in the
market, nnd lurn, ftt the same time, created
excellent buying on the part of outside n-
terests. This healthful activity naturally
has given considerable- impetus to the
range of values and created n ni\e wide-
spread Interest in market affairs, the real-
Ixatlon today of yestenlay a forecasU for
frost In the northern part of the belt wnt
almost entirely responsible for the en
hancement In values. The spot market was
extremelv quiet and without any Influence
In affecting prices. The future ronrse of
oats yesterday. Oats are selling too high
72 higher than corn.
figured that It Is bett.. —
to sell their oats and feed more corn.
Cash business In wheat In Chicago yes
terday was 65,000 bushels, Including 26,-
000 bushels No. 2 rod, 10,090 No. 2 hard,
10,000 No. 1 northern and 29,000 bushels mix
ed lots. No. 2 bard sold at 2c over De
cember c. 1. f. Buffalo.,
8al
bush
blither*"WheaL 22,000 corV and 80’000 bushels
oats.
Th
elgn
has beeu short over 26,009
October nnd Novem-
cov
yes
i.6.701* 5.Tig 5.76
.5.71 -5.79 5.83 5.78
.6.74 -5.74V* 5.S3V* 6.80V*
MUX-*lino 1.75 -5.83 5.85 5.82
Jwie-Tuljr. ,. . .t,77 -5.7S 6.SSV4 M4
Closed quiet and steady.
NEW ORLEANS.
Following (s the cotton range In the New
Orleans market from the opening to 11 a.
Oct
Nor
Dec. . . . .
Jan
Feb
Mnrch. . . .
May
June. . . .
July
|
omsM
Op.nllllxhilmg,
!
BVm
iatil'RM io.ij
'3.72 11.08 10.99
WHEAT OPENED
SLIGHTLY LOWER
Investment demand for
uauiinr.v I'mvisidUB continues on a fairly
liberal scale, packers and profit-takers sell
ing. Demand from shorts lu October, No
vember and December lard has l»een sn
Important feature. SeHing of same scat
tered. The light hog movement gives this
market a strong basis.
Chicago inter Ocean: The October gov-
eminent report will be given to the trade
nt 1 o clock. Chicago time.' U will show
the condition of corn for October nud the
yield per acre of spring wheat, oats, rye
and barley. The trnde Is looking for n
moderately bullish report on spring wheat,
J50.OO0.D00 to 260,000,000 bushels, a corn crop
of 2,750,000,00!) bushels, which Is the same
ns n month ngo, nnd a yield of onts of
800.000.000 to i&O,000,000 bushels.
A yield of 14 bushels per acre on spring
wheat will show 252.000,000 bushels anu 14.7
bushel*, the yield last year, will give a crop
of 264,000,000 bushels. It will take a con
dition of 90 to*mnliitnlu last month's esti
mate on corn. A yield of 30 bushels per
acre for oats will give 830,000,000 bushels.
Last year It was 34 bushels. The condition
of corn last, month was 90.2, and In Octo
ber, last year, 89.2.
The oats crop of France has turned out
disappointingly, being officially estimated
at 21 $.100,000 bushels, or 10,000.000 bushels
less than last year, sud cables say many
¥Ur. k ^r.fSS5 8 rHF&
Due to Unresponsive Cables,
Northwest Receipts and
Lower Curb. *
Chicago, Oct. 10.—Prices eased off
late, the government report making
the yield of spring wheat 1S.7 buahela
and a total yield of 249,349,000 buah
ela, making the total winter and spring
wheat crop 739,000,000 buahela.
The com condition Is 90.1 and the
yield 2,722.000,000 bushels.
Oats yield per acre 31.2 and total
yield 963,000.000 buahela.
Wheat closed l-2©5-8c lower; com
l-8@3-8c lower, oata. l-4@l-2c, and
provisions unsettled.
wheat, 70,000 buahela corn, and 121,000
buahela oata.
At the seaboard 22 loads wheat, i
loads com and 90,000 buahela oata.
Primary receipt* of wheat 1,147,003
bushels, com 044.000 bushels, compared
with 1,099,000 and 460,000 bushels, ra,
■pectlvely, a year ago.
Clearances 247,000 bushels wheat,
205,000 bushels com and 12,000 buahela
oata.
CHICAGO GRAIN MARKET.
in airecvinK ' . . . ^ ''
ih» niorUet continues ilepenilMit -upon the
weather, forecasts for which tomorrow
contain Indication, of more frost In the
enslKrn sinter, hut to he followed* how
ever. hr enutlnncd clear and warmer
weather generally.
THE METAL MARKET.
York. Oet. 10.—Copper was tip He
in the hid for electrolytic and catting.
Tin was n shnde easier for spot nud uesr-
hy deliveries. .
GIBERT & CLAY
STOCKS.
11 t ALABAMA ST.
MCM OCRS
$•+ York Stools Kxcbinf«.|New Orleans Cotton
New York Cotton ExchangeTiNew Orleans
-Vw York Coffee Exchange. New Orleans
BONDS.
COTTON. CRAIN.
COFFEE. PROVISIONS
S££ S
Usxl and Una DUianom^epUn?529&!! R. FAGAN. Mansnar.
ATLANTA. OA.
f Trade.
Association
Cotton Exchtngs
ALONZO RICHARDSON & CO.,
PUBLIC ACCOUNTANTS
AND AUDITORS
Empire Building. Bell Phone, Main 858.
ATLANTA. GEORGIA.
tierces lard, mostly October and No
her. the greater part of which hns lieen
ered the last four days. Purchases
terdsy were about u.OOO tierces. Millie the
covering hns been under way, prices have
only advanced 15e t«» 20c, large holders
taking advantage of the buying to reduce
their load. . . .
Deliveries on October trade# yesterday
were 63.000 bushels corn and 500 tierces
°Bldt on corn and osts to
trifle firmer. Sales on call_
000 No. 3 yellow corn, or better, Novem
ber 15 shipment, nt 42V*c through billed.
Private Wire to Olbert A Clay. ...
Chicago. Oct. 10.—Advise sales of wheat
on nil hard spots today. Mould
sell December t!mn May. .
Killing frost *s far south ■■
Kansas. Temperatures 32 at Wichita. 3»
nt (’oncordln nnd 12 nt Blnm^k. Kill-
Inc frost as far south ns Springfield, ms.
ToV the present, think It ft safe to boy
wheat on n cent break, and advisable to
take profits on any cent rally.
STOCKS REVIEWED
BY NEW YOR KSUN
X.w York. Oct. 1(1.—Tb, 8un «ay«: “I*ri<-»»
nf .wnrltlM al the .tart gnnerally .how-
nd gain, over thnae recorded nt the elnae
of the pn-veilliig .enlnn, nnd ilurlug the
tint hour mnnlfented n rintng teudenry.
Then the market turned A’}'*
tntlont dncllnrd, but
sure to sell ttoekn. A featnre ana the
open ncrmnulatlon of ’J“, r
whl*-h the eommon exurewlon that an ad
vanee In the 1‘ennijlvir.lrt illrld-rd wan
anld to lie Impending. Tho company a enrn-
fns*- mnnlfeetly warrant a . , * r *rL?l* tr i!S
tion to utoekholdera. nnd hi n»ually„weU
Informed quarter, 'i ”"11JId k |>e
thnt action along these lines vs mini w
taken by the Pennsylrsni* directors ot
the dividend ineottug on tho
month Outside of these and a few other
S/Seks.* transact ions In the market appeared
ti be olmoat wholly
trading In th# stock exchange element. -
Glliert A Clay. ...
COTTON feEfeP OIL MARKET.
Following are the opening nnd closing
prices for cotton »eed oil future* tn New
York today:
October. .
November.
December. .
January.
March.
Ma
larch Svijp
rfcred * steady. Bale#, lft *
tli asd 199 January at 82V*.
WHEAT-
Dee.
M:t>
for today
Open. High.
P—
*».« «• «. » ™
p i i ij
mjS 8 8 8
Jan... 12.73
IB... ■U.ld
LARD-
Oct.... 9.05
Nor... 1.70
Jan.... 8.07V*
SIDES—
Oet.... 8.67V*
Jan.... 7J0
13.80 13.72V* 18.75 13.72V*
9.25
8.80
8.12V*
8.?
9.25
8.80
8.10
f:L
i.OTH
6.5714 8.26 8.6.1
• ASn WBEAT-
Nn. 2 mgji-.Jto.f do 7.^4; No. Jhard
winter
NORTHWE8T CAR8.
: week nod iMt^sar: ^
Today. W#3|. Tear.
SOUTHERN EXCHANGE
Oldest Qatubltehed Offleo South.
conoi STOCKS BOKOS—-0MII
Ground Floor Gould Building. Dally
market letter and market manual
jnatled on application.
L. J. ANDERSON & CO
Bankers and Brokers,
COTTON, STOCKS, GRAIN .
Correspondent's Capital $250,000
ngygncNCC, mr nml bank
PHONE MIT. PRUDENTIAL BLOC
Closed steady.
mm
10.90-92
10.92-98
11.01
11.06-07
11.11-
.0.48-49
.0.57-58
10.62-64
10.76-77
10.87-68
10.92-94
10.97"
THE WEATHER.
LOCAL FORECAST#
and Vlrinlty-Fnlr tonight
with light frost; Thursday fair and warmer.
weather"condition8.
This morning the crest of the cool wove
overlies the lower Missouri rnlley, while Its
Influence Is felt over all tho country enst of
tn« Boeklrt. A minimum temperature of
12 degrees Is reported from North Dakota
and freezing weather prevails ns far south
»f antral Missouri,sml the Ohio valley. In
the cotton belt heavy fro*t occurred In Ar
kansas nnd western Tennessee nnd light
frost In Oklnhonm, northern Georgia nnd
the northern portion of South Carolina. The
temperature at Atlanta was 38 degrees, but
tho high wind prevented the formation of
frost. Light-frost Is expected In the north-
el 2 L P°n t,on8 ot th< * mil* states tonight.
The low pressure nren that was over
southern * lorldn yesterday hns moved rap-
Idly northeastward, causing rain along the
Atlantic coast from Florida to Mnlne.
Conditions fnvor fair weather In this Har
riot; tonight and Thursday, with light frost
tonight.
W. A. MITCHELL,
Temporarily In Charge.
COTTON REGION BULLETIN.
For the 24 hour* ending nt 8 a. m., 75tb
meridian rim#. October 10. 1906.
STATIONS OF
ATLANTA
DISTRICT.
^Atlanta, clear. . . .
*Chattai)poga, clear. ,
•Macon, clear. ....
Monticollo, clear. . .
Ncwnnn, elrar
Home, clear
Spartanburg, clear. . ,
Tallapoosa, dear.
Tocco*. clear. .....
West Point, clear
•.\llnlmiim temperatures are for
Temp’furt.
Tr^S FLASHED
From Wall Street
Private-Wire to Glliert A Clay. ,
New York, Oct. 10.—Marshall, Spader &
Co.: Yesterday's ninrket wa* dull from
various causes, which may prov# tempo
rary. but we hardly exiiect a full revival of
public Interest In the market until after
the election. For the rime being It docs
not appear thnt active speculation trill l*o
Initiated by lending operators.
Are Y'ork Financial Bureau: The trend
of union Pacific continues strongly up
ward. Kiueltlng should be bought whenever
soft, for turns, nt least, until tho MS level
I* approached. The Pennsylvania tunnel
success will bull Pennsylvania a ll.ttle
mote, although stock will lie met toward
14G on this rise. We doubt the 7 per cent
dividend talkr but may lie wrong. Amal
gamated should he bought'on these reac
tions when weak. A bull tip Is noted on
American Locomotive nnd Brooklyn Itupld
Transit. We continue to be conservatively
bullish on Baltimore nnd Ohio nnd C'nmi-
dlnn Pacific. The rebate Indictments may
have but little effect nt present on Sugar
or Central, the latter being stronger tech-
nlenlly now. A recorery in Atchison would
hot surprise us now. The trend of Steel
Is strongly upward and It should lie InMight
ou these reactions. The Dick pool Is work
Ing Imlllslily In Chesnpeake mid Ohio.
Fuel Is tipped for a rl*e, but n t *ts souk*
stock on tho Imlgea ns .vet. Y* e would
buy Erie on reactions. Patient, buyers of
Louisville and Nashville will be. wrll re
warded Inter, according to our Information.
Southern Pacific may lie bought on reac
tions. Rack Island Is well absorbed
Private Wire to War> tc Leland.
New York. Oct. 10.—Dow-Jones' sum
mary:
American ntoeks tu London steady at
rather above parity.
Berlin bank rate advanced from 5 to 6
per. rent.
liondon settlement began today.
Transactions In London are u#w for new
account.
Light demand for stocks In loan crowd.
Federal grand Jury Indicts American Su
gar Company, New Y'ork Central and Dela-
are. LnrUnwnnnn nnd YYVstern.
Missouri Pacific surplus for year equal to
9.57 per cent on stock. \_
Nervousness felt In London regarding pos
sible advance In bank rate tomorrow, lu
lew of the advance In Herrin and heavy
Egyptian demand for gold.
Hharp advance lu exchange brings rate
above gold Import point. •
Twelve Industrials advanced .22 per cent.
Twenty active railroads advanced .10 per
BULK OF MARKET
WITHOUT^ FEATURE
Speculation on Bull Side of
Stocks Confined to a
Few Stocks.
TONE WAS STRONG
Union Pacific Was Strongest
Stock ou Its Au
gust Report.
ATLANTA MARKETS,
FRUITS AND PRODUCE.
Officially eorrrcteu by Atlanta Fruit and
ProAur, Kxctmngt*.
Lemon,, 67.50.
Lime,. 504,75c.
PinmpplM. 83.MC4.00.
llnnnnn., .trnlEbt*. per bnneb. 11.6001.73.
Cult". P«T limirh. tl.00ftl.25.
CALIFORNIA MtUIT—Fancy atock:
Kinerta pMchn, per l«ij. 81.50.
Jlnuntaln llarttctt pear., per box. 83.25.
Groa. ntnmi, per crate. 82.
Colntnlilnn prune, per crate. 82.
Kok l*eru crapea, per crate. 82.00
nine Malvolaa urnpca, per crate, 8100.
poufSplf cot’tNTitY rnopucR-
Llvc hetfi, 4004214c;. frlea, 2214030c; broil,
"Brcawd'lrica. 19020c pound.
Drcucil hena, per pound, 14016c.
Llv. dneka. 1’fklu. puddle, 28027HC.
Ksaa, per dnren, 21022c.
Butter, table, —
'Kffi’K
* LIGHT FROST.
Rom#, Ga., Spartanburg, R. C„ Obnrlotte,
N. «?., Chattanooga, Teun., Nashville. Tenn.,
... v. /. Uef
CHi — - — ^ Ur >
c., L.nsiTsnoogs, i run., Nasnvinr. i
Columbus, Miss., Bales vile, Corinth. 1
nnndo. Miss., Coringflton. Tenn., DrJI
Ala.. Ysxoo City. Miss., Hhermsn. Trx.
CENTRAL
STATION.
Atlsntn. . . .
Augusta. . .
Charleston. .
Galveston. . .
Little ltock. .
.Memphis. . .
Mobile
Montgomery.
New Orleans.
Savannah. ......
Yteksbiirg
Wilmington.
Iwdlfslw inappric
Dlst. Averages.
Max. Min.
W
inspprerisM# rnln/all.
41
"W
Llfht froat formed In portion, of deorala
th. Carolina., Tcnn.aaa., illaaiaalppL Ala
—- ™auanaM, and
fbt rain fell
alone the Atlantic
T.mporaH
wI**A. 31ITCHKLL.
empcrarlly la chance.
THE GOVERNMENT
GRAIN REPORT
Waahlncton, Dr C., Oct. 10.-vrhr crop re
portlnp .board of the bureau of atatlatlc,
of tbc department of agriculture made tba
ring report today;
, jdltloa of eorn on October I wan 90.1,
K compared with 90.2 but month. 69.2 on
^ tober l, 1906, and a ten-year average of
Hreltmlnary'eatluiatca of the arcragc yield
per acre of apring wheat la 117 Imabela.
The arerageyanallty nf aprlng wheat la 88.6,
aa comparad with 69 In 1109.
Preliminary retuna Indlcat. an oata crop
nf -atmut U3.352.000 hnabclt, or an araraga
nf 31.2 buahela per acre aa comparad with
34 aa dnally ratlmuted in 1906, and n Un-
year ayerage of 29.9 hnahrla.
M Th*n *J-r*g* tor Quality la UL2, agalnat
The arerage condition of tobacco on
October t waa 14.9, aa compared with 69.3
■me month ago, 13.1 on October I, 1409,
and a dre-year arerage of 19.2.
STOCKS AND BONDS^ ^
1913.. 1«
Uacons 6*. mp,„, *2
Atlanta and WMtJ’oint/ - . . .10
Atlanta nqd Went Point Dabtm.MT
Central Hallway of Georgia tat
do. Income. •••
do. 2d Income 1
do. 3d Income.
Augnala and rtavaftna’b.
Boutharatern
gs
eeee.e. aaa 87 |
.. .M 279 '
South**—
Georgia Paciac lata..
LOWRY NATIONAL SANK
CAPITAL, SURPLUS AND PROFITS
OVER ONE MILLION DOLLARS
Foreign Exchange, Travelers* Checks, Brown
Brothers' Letters of Credit available in all parts
of the world.
ml. 2002214c; cook*
ii...), ^,«i^- pound; In ont-pound
"vEGICTAlfl'.RS-W.h oototooa. No. I
stock, per buehel. .16031.00.
Cabbage (Vlrglnlc), lfic pound; Danlah
tdrna beans per pound, 3c: Nary, 32.10 oce
*"onfona, per buehel, 31.K.
New sweat potatoes, G5@75c bushel.
Kraut. H-btrrel. 83.75
FLOUR, GRAIN. PROVISIONS.
FLOUR—Postal's natent 88.00: Diamond
patent, 85.25; Maaaor/hUU Star, 84.7a: fancy
E stent. 84.50: Red Engle. 84.15; Blue Ribbon.
1.90: fancy, 82.90; spring wheat patent, $6.0}
®CORN—Choice red cob. 72c :• No, 2 white,
70c; No. 2 yellow, nslsed, 6Sc.
OATS—Choice whit# Hipped, 48c; cbolcf
white, 47c; choice mixed, 46c; Texas rust
proof, Me. ** .*
wster-graunn. par bushel
mid .yolted, 140-nonnd Jutes per bushel, 63c:
Short*, white, tl.so: medium, 81.40; brown.
81.20:. pure bran, 81.15: mixed bran, 81.15.
■ HAY—Timothy, choice large Imles, |L15:
do., choice small hales, 81.10: do.. No. 1
timothy bales, 81.06: No. 2, 81.00; do.. No. 1,
cloevr mixed. 81.00; do.. No. 2 tiorer mixed,
81.00- choice Bermuda, 76c.
RYE—Georgia, $1.10; Tennessee, 80c. Bar
ley, 95c.
The nbove prices nre f. ©. b. Atlanta.
GROCERIES.
SUGAR—Standard granulated, 85.20. New
Y’ork refined, 4V*c; plantations, 5c. Market
very strong.
COFFEE—Rousted Arbuckle’s $
bulk,' In bags (A barrels, Uc; green,
RICR—Cnrollnii
grade. New crop wl!
CHEESE—Fancy f
twins, 14%e. .Market straw
PROVISIONS—Snnreroe bams, lie. Dora
hams, 15V*c. Csllforuln hams, ^.00; Red
ax.'iBffea?: tnssi
t^arjygnnm/ia sss &
Raagana Bound to Court.
Spoclal to The Oebrglan.
Conyers. On.. Oet. 10.—Burton and
Walter Reagan have been bound to
court under-bond of 3200, and Olln
Reagan under 3300, as a result of the
Jght In which Henry A. Turner wae
fatally Injured a few daya ago.
319.31
w«fy,
New York, Oct. 10.—The compara
tive unconcern of the markets over de
velopments In the money situation was
tested again this morning when the
German bank advanced its discount
rates to 6 per cent. This is an ex
tremely high figure to be set, even for
this season of th* year, and little doubt
was left that the Bank of England
would follow suit tomorrow with an In
crease In Its rate.
The tone In the security market was
tame. The English Investments wore
steady and American stocks, despite
the heavy carry-over set for the fort
nightly settlement, were quoted frac
tionally above our closing parity. Tba
local shares opened strong and once
more the feature of the dealings was
the concentration of the buying on a
few stocks with some really notable re
sults.
Pennsylvania, Smelters and the other
favorites of yesterday's trading made
further gains at the outset and wero
then abandoned to realizing, while the
Pacific stocks, St. Paul and North
western were taken In hand and bid up
smartly. The basis for the movement
in Union Pacific .was the August report
of the company, issued at mlddny,
showing a handsome Increase both in
gross and net, and furthermore the
expecation that the annual report, soon
to be made public, will set at rest all
doubt as to the ability to maintain the
10 per cent dividend rate.
The stock market opened irregular.
Locomotive, Union Pacific, Lead and
General Electric advanced 1-2; Smelt
ing 3-8 nnd Pennsylvania, Republic
Steel and Canadian Pacific 1-8. Cop
per, Baltimore and Ohio, BrookI.v n
Rapid Transit and the Steel shares
were unchanged. Colorado Fuel off
1-2 and Atchison and Reading 1-5.
The stock market was generally
strong again today, with speculation
on the bull side confined to a few
stocks, In which the bfiylng was con
centrated, leaving the bulk of the mar
ket without special feature. Union
Pacific was the strongest stock, ad
vancing 1-4. London bought 12,000
shares this morning.
Government bonds unchanged. Other
bonds firm.
THE LONDON STOCK MARKET.
STOCKS-!
Amalganluted Copper. . .
Anaconda.. .. .. .. .. ..
Atchison..... .... .... ..
do, preferred
Baltimore and Ohio. , . .
Canadian Pacific
Clirsnpcake and Ohio. . .
Chic., MIL and St. Paul..
Erie..........
do. preferred..
Illinois Central.. ..
Louisville and Nashville *
Missouri. Kansas and Texas.
do. preferred .. .. .
New York Central..
Northern Pacific.. .. .. ..
Norfolk and Western. . . .
Ontario and Western. . . .
Pennsylvania
Rending. . . • •• •
Rock islaud ...
preferred..
Walm’sli.
do. preferred. . . . .
Denver and Rio Grande.
itIH
174»iU74V.il72V4
’i5# HJ'ljWI*
itirj
4S7i
LIVE STOCK MARKET. .
Cblcnno. (M.
SEgtfioSturpS*
656,60; good to choice heavy $6.60«6.70.
v CattlsH-Eatlwated receipts 18,009. Market
mSk Sfegsa^dBSS
r.O.lpt. 3.099. M/rkot
10c hlib.r; i|nnlitj fill,; n*ll).^83.' ..fc>.
wJ.I.rn 880«:4O; yMrllmt. fe3O0L9O; lomb.
84.307.70; wo,tern 84.3’m.W.
WM. L. PBBL. Prtildent.
ROBERT P. MADDOX. Tie, PnM.leni
THOMAS J. PEEPUf. 9V b; f r o..
JAMES U. Ljtrl'Mt. Ai'l.mnt ui
JAS. r. WlMDROIt. A.il.tnnt Cod
MADDOX-RUCKER BANKING COMPANY.
CAPITAL $200,000.00
SURPLUS AND PROFITS l . $500,000.00
Accounts, small as well as large, invited.
3 1-2 per cent interest paid and compounded semi-
annyally in our Savings Department.
Safe Deposit Boxes
For rent in our vaults in the basement of the
Empire (Building for only $5.00 each per
annum.
Absolute Security and all Modern Conveniences '
You should not le without one. We invite
you to call and inspect them.
Title Guarantee and Trust Co.
and A. lata..
Frank nawklno. President.
H. M. Atkinson, Y. P. TaotnaajC. Erwin. A*«L # Cashier.
Joseph A. McCord, Cari.ler. R. \V. Byers. Asst. Cashier.
Third National Bank
Capital
Surplus
$200,000.00.
$300,000.00.
DIRECTORS: J. II. Nnnuallr.
Frank Hnwklns. J. Carroll Payne.
II. If. Atkinson. C. B. Itoascr.
Joseph A. McCord. David Woodward.